Workflow
Convertible Debt Exchange
icon
搜索文档
Beyond Meat stock sinks to all-time low after it launches convertible debt exchange offer
Yahoo Finance· 2025-09-29 18:11
By Caroline Valetkevitch NEW YORK (Reuters) -Shares of Beyond Meat (BYND) slumped to a record low on Monday after the maker of plant-based meat launched an exchange offer for convertible bonds to cut more than $800 million in debt. The stock was last down 32.1% at $1.93, after falling as low as $1.23. The company last month posted a revenue drop and a wider-than-expected loss, citing weak U.S. consumer demand. It said it was still facing "an elevated level of uncertainty" and will not provide any full-y ...